Great Trades

Wednesday, February 18, 2009

Back Partially Long

With the market turning back negative, and the S&P 500 under 785, our trading model has re-entered the partial long position with a tight stop at 780 S&P 500, giving a good risk/reward entry. There are still some positive indicators on our intraday charts. If the Dow closes down, we will exit this position today.

Open Positions: 25% long S&P 500, 25% long financials.

posted by GreatTrades  # 1:40 PM

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